Anyone extend their lease? - 2018 Honda Clarity Forum
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post #1 of 6 (permalink) Old 09-24-2020, 11:36 PM Thread Starter
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Question Anyone extend their lease?

I still have over a year left on my Clarity Electric lease. It is a fantastic vehicle and it would be great to keep it beyond the 3-year lease term.

Honda Fit EV owners have reported elsewhere that they were able to continue on the original lease terms for another 24 months when their original 36-month lease ended. Hopefully Clarity Electric owners will have the same option.

With the earliest owners reaching the end of their 36-month lease, has anyone talked with Honda about extending their lease? Please post about your experience and what the terms are of the offered extension, if any.
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post #2 of 6 (permalink) Old 09-25-2020, 12:26 PM
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You may want to look at the VW ID.4 instead. Honda appears to view the Clarity as a compliance & technology car only. Since you have a year left VW may have the ID.4 available when your lease ends.

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post #3 of 6 (permalink) Old 09-27-2020, 01:24 AM
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I think due to the pandemic the last 6 months, most car manufacturers have offered to extend leases because a lot people are not keen on having a test drive of a new car with a stranger sales person....
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post #4 of 6 (permalink) Old 09-27-2020, 12:22 PM
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Quote:
Originally Posted by 4sallypat View Post
I think due to the pandemic the last 6 months, most car manufacturers have offered to extend leases because a lot people are not keen on having a test drive of a new car with a stranger sales person....
If OP's lease were ending today I suspect you're right. However, OP said his lease ends in a year.

2018 Honda Clarity Touring PHEV - Forest Green w/Tan interior (wife's car)
2017 Volt LT - Heather Gray; black bow ties, Charcoal VoltShelf
2012 Cruze ECO MT (hail totaled 5/8/17 103,600 miles @42.5 MPG)
2010 Mit Lancer GT MT (traded for ECO @31K miles)
2002 Pont Montana AWD - title to son at college graduation
1990 Pont Transport (traded for Montana @240K miles)
1986 Fiero GT MT (traded for Transport - needed more seats)
1985 Fiero 2M4 MT (traded for Fiero GT @8K miles)
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post #5 of 6 (permalink) Old 09-28-2020, 07:06 PM
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Honda offered lease extensions (at a reduced price) on the Fit EV. I suspect they will do the same with the Clarity Electric. Both are (were) lease only with no option to purchase. Keeping them on the road a couple more years costs them almost nothing, but brings in revenue.

I've got about a year left as well, and will be looking at options next spring.
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post #6 of 6 (permalink) Old 09-29-2020, 12:32 PM
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Quote:
Originally Posted by DucRider View Post
Honda offered lease extensions (at a reduced price) on the Fit EV. I suspect they will do the same with the Clarity Electric. Both are (were) lease only with no option to purchase. Keeping them on the road a couple more years costs them almost nothing, but brings in revenue.

I've got about a year left as well, and will be looking at options next spring.
Even if they don't reduce the price it seems like the BEV lease was a pretty good deal already and probably worth extending. Even more so if they reduce it.
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